Tax Depreciation Reports

Do you want to potentially save thousands of dollars off your taxable income? Our Tax Depreciation Reports will help you minimise the out of pocket expenses of your investment property and reduce the amount of tax you pay.

Tax Depreciation is a non-cash tax deduction that is designed to cover the ownership costs, due mainly to wear and tear, on your residential and/or commerical investment property.

Summit Quantity Surveyors have been specialising in the preparation of Tax Depreciation Reports for over 20 years and we take great pride in helping property investors in Brisbane, Gold Coast, Sunshine Coast, Townsville & Cairns, Sydney & Melbourne.

Our Tax Depreciation Reports detail a full 40 years depreciation entitlements and never require updating, so there are no hidden fees or charges. We clearly detail both the Capital Works Allowance (Div. 43) and the Plant Depreciation (Div. 40). This helps your Accountant when preparing your tax return.

We also offer lifetime support, so if you or your Accountant ever have a query relating to one of our reports, we will happily assist at no cost, no matter how long it may take to resolve.


The Australian Taxation Office (ATO) notes that Quantity Surveyors are one of a few suitable qualified professionals, that are able to prepare Tax Depreciation Reports. Taxation Ruling TR97/25 specifically notes that Quantity Surveyors have the relevant skills to complete undertake this complex work.

Here at Summit Quantity Surveyors, we are fully qualified Quantity Surveyors, Members of the Australian Institute of Quantity Surveyors and Registered Tax Agents. We also maintain close contact with the ATO to ensure that we are at the forefront of Tax Depreciation legislation.

If you are looking to maximise your tax return on your residential, commercial or industrial investment property in Brisbane, Gold Coast, Sunshine Coast, Townsville, Cairns, Sydney & Melbourne, then talk to the experts, Summit Quantity Surveyors.